Bitcoin's market didn't have any big movements over the weekend, so today I want to share some heartfelt thoughts. Whether you can take it in or understand it is your own business, anyway I've said it.
I entered the cryptocurrency space in 2015, and the first digital currency I encountered was Bitcoin (3M project). I became interested in this world beyond my initial understanding. I explored many cryptocurrency projects; it's not an exaggeration to say I've dabbled in almost all well-known digital currencies, both fake and real. In 2017, I stumbled upon an ICO and made a small fortune, and I also earned some from mining Ethereum. In short, it had nothing to do with hard work, it was all about luck.
What I want to convey to you with all that I've said is that if you manage to make a lot of money, it has nothing to do with hard work; it’s a combination of opportunity and luck. The so-called opportunity is your experience; you deserve to encounter a life-changing opportunity, and with luck, you can achieve wealth smoothly. Otherwise, even if opportunities come your way, you won't be able to grasp them!
For example, I invested several million in mining $FIL , and in the end, I almost lost everything. Of course, the several million I invested came from mining $ETH . Over a year and a half, it went from earning to disappearing; looking back, it feels like a dream. For financial professionals who understand wealth management, several million in cash already represents financial freedom, depending on how you plan for the next stage.
Trading is the relatively fair track in the unfair realm of finance; trading can be done without relying on anyone or any resources; you just need your own skills to achieve results in the market. It’s difficult because not many people are geniuses, or how many can meet a trading genius to follow. It’s also easy because as long as you have an excellent trading strategy, overcoming human weaknesses to trade like a machine can lead to sustained and stable profits. It's like understanding a great principle; how many people truly grasp it!
In previous articles, I mentioned that Bitcoin has recently undergone three waves: a strong surge, followed by a decline, and then exhaustion; a correction is needed. Now, after the three waves, facing high-pressure levels, the likelihood of a correction has actually increased.
In a bullish market, it's not impossible to short; it depends on whether you can accurately gauge the market trend based on your trading cycle. Of course, this is also a probability issue; as long as your profit probability is high enough and the risk-reward ratio is good enough, stable profits over time are inevitable. $BTC